Kraig Biocraft Laboratories Inc (KBLB)

[es1]

"I was talking about genetic modification to make silkworms thrive on something other than mulberry leaves…"

Don't think any genetic lab in the world can do this yet.

"Well no one is going to makes $6k a month off of $7.25 per hour…"

Both were national averages. Which in the grand scheme of things means that the silk workers are not making an average wage.
Their specific wage is $110-165 a month
Seeing that minimum wage is about $1100 that would mean the 100x wage is exactly right.

These two things makes the rest of your response moot